Morning Brief: Nigeria Wins $2.35bn Mambilla Case as FAAC Shares ₦2.338tn

Good morning. Here are the leading stories from today’s newspaper edition. Nigeria has won a $2.35 billion arbitration case involving the Mambilla Hydroelectric Power Project. The Federation Account also shared ₦2.338 trillion among the federal, state and local governments, despite a sharp decline in statutory revenue. Other major stories include allegations of PVC buying ahead of the 2027 elections, Lagos APC’s campaign council, a dispute over Ogun governorship indigene claims, and the possible deportation of 112 Nigerians from the United States. Also featured are President Tinubu’s call for globally competitive Nigerian digital companies, Super Eagles squad selections, and Peller’s ₦5 million offer over a paternity allegation.

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